As Texas Burns, Property Insurance Costs Soar

Climate change is driving up the cost of home ownership

In Smokehouse Creek, Texas, more than 1 million acres of land are on fire.

It’s the state’s largest wildfire on record, and the nation’s second-largest¹. Natural disasters like this are one reason the price of home insurance is soaring. Texans now pay some of the highest premiums in the country.

The map below plots the annual cost of home insurance by sta…